EQUITY PURCHASE AGREEMENT BY AND BETWEEN FIREKEEPERS DEVELOPMENT AUTHORITY AND FULL HOUSE RESORTS, INC. AND RAM ENTERTAINMENT, LLC AND ROBERT A. MATHEWSON FOR THE PURCHASE OF ALL LIMITED LIABILITY COMPANY INTERESTS OF GAMING ENTERTAINMENT (MICHIGAN), LLCEquity Purchase Agreement • May 8th, 2012 • Full House Resorts Inc • Hotels & motels • Michigan
THIS EQUITY PURCHASE AGREEMENT (this “Agreement”) is entered into as of March 30, 2012, by and among FIREKEEPERS DEVELOPMENT AUTHORITY (“Buyer”), an unincorporated instrumentality and political subdivision of the NOTTAWASEPPI HURON BAND OF POTAWATOMI INDIANS, a federally recognized Indian tribe (the “Tribe”) and Full House Resorts, Inc. a Delaware corporation (“Full House”), RAM ENTERTAINMENT, LLC, a Nevada Limited Liability Company (“RAM”), (each a “Seller” and together the “Sellers”) and Robert A. Mathewson, a resident of Nevada (“Mathewson”) to the extent provided herein by Sections 3.21, and 5.19, regarding the purchase of all limited liability company interests of GAMING ENTERTAINMENT (MICHIGAN), LLC, a Delaware limited liability company (the “Company”). Article 10 contains definitions of certain capitalized terms.
